Fast Answers: Taxes

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Answer: Taxes, Deductions, Business-Related

I started a new job this year that required me to move to another city. Can I write off my moving expenses?

Probably. If you make a job-related move from one city to another, you can deduct your moving expenses if the move meets these guidelines:

  • You must stay in your new full-time job at least 39 weeks, unless your job ends because of involuntary separation or because of death, disability or re-transfer by the employer or military. If you leave the first job, but work at a second job in the same location, you can combine time spent on the two jobs to meet the 39-week rule.
  • Your new job must be at least 50 miles farther away from your existing home than your old job.
Slightly more stringent requirements are involved if you are self-employed.

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